47150 Home Prices & Values

$108,300 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.6% 1-year change
  • 2.6% 1-year forecast

The median home value in 47150 is $108,300. 47150 home values have gone up 3.6% over the past year and Zillow predicts they will rise 2.6% within the next year. The median price of homes currently listed in 47150 is $111,500. The median rent price in 47150 is $795, which is higher than the New Albany median of $655.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 47150 is 4.8%, which is lower than the national value of 6.9%.

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Relative ZHVI
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47150 Market Overview

Data through Jul 31, 2014
  • $108,300 ZHVI
  • 2.6% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $111,500 Median listing price
  • No data Median sale price
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47150 Market Health

Data through Jul 31, 2014
  • 6.1/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • 4.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
40202 $246,600 47119 $195,700 40216 $97,100
47129 $82,300 40203 $70,900  

Listings & Sales

Data through Jul 31, 2014
  • $79 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 38.2% Listings with price cut
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47150 Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,009 47150
$1,010 New Albany
$1,318 United States
  • No data Breakeven horizon
  • $795 Rent list price
  • No recent data Rent list price / sq ft
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